Nigeria: Selected Issues and Statistical Appendix
IMF Staff Country Reports, September 15, 1998
Source details
- Canonical URL
- Nigeria: Selected Issues and Statistical Appendix
Other formats
Bibliographic details
- Published: September 15, 1998
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451828870.002
Overview
- Scope: Reviews economic development in Nigeria during 1994–97.
- Timeframe comparisons highlighted: 1996–97 versus 1992–95.
Key findings
- Real GDP growth averaged 4 percent in 1996–97.
- Real GDP growth averaged less than 2 percent during 1992–95.
- The recovery in 1996–97 was underpinned by steady growth in the petroleum sector.
- The petroleum sector comprises more than 40 percent of GDP.
- Petroleum sector strength reflected buoyant world market demand and high international prices.
Major themes and topics covered
- Arrears
- Exchange rates and Real exchange rates
- Expenditure
- External debt
- Foreign exchange
Keywords and focus areas
- Africa, Arrears, CR, exchange rate, Exchange rates, federation, federation account, FOS estimate, GDP comparison, GDP deflator, IMF GDP, ISCR, oil GDP, price development, private sector, production function, rate, Real exchange rates
Nigeria: Selected Issues and Statistical Appendix — September 15, 1998.
Content in this bundle
- Nigeria: Selected Issues and Statistical Appendix - ISCR/98/78